InvestChile Blog

FDI news | Policies & Tools | Business data analysis | Investment location trends

Michelin begins recycling mining tires in Chile

InvestChile - February,10,2025

The plant, located in the La Negra industrial zone of Antofagasta, has a surface area of 7,725 m2 and the capacity to process 2,200 giant 63-inch tires per year.

mineria neumatico camion

Michelin has announced the start of operations at its first mining tire recycling plant globally, which is located in Chile’s Antofagasta Region, according to an article by Chilean business publication Diario Financiero.

With this project, the company aims to contribute to the management and recycling of end-of-life tires from the mining industry, promoting a more sustainable future.

First mining tire recycling plant

Michelin Specialty Materials Recovery (MSMR), founded in 2020, is the company’s first plant worldwide dedicated to recycling giant mining tires.

The plant specializes in cutting and shredding giant mining tires to produce rubber chips, which are then transformed into micronized rubber powder, a renewable and recycled raw material used in the manufacturing of new tires, as well as other products.

«Circular economy is the way in which we can shape the future, and at Michelin we are committed to forming part of the solution—not only in terms of technological innovation, but also as a key player in developing a recycling ecosystem in Chile and South America,» said Kamal Abi Farag, Director of MSMR in Chile.

The plant, located in the La Negra industrial zone of Antofagasta, has a surface area of 7,725 m2 and the capacity to process 2,200 giant 63-inch tires per year. It currently employs 20 people directly and 100 indirectly.

Compagnie Générale des Établissements Michelin SCA is a French company specialized in tire manufacturing, founded in 1889. Its headquarters are located in Clermont-Ferrand, France. It is currently the world’s second-largest tire manufacturer, after Bridgestone.

Would you like to find out more about investment opportunities in Chile? Visit our website or contact us here.

Nueva llamada a la acción

Topics: Mining- Recycling- French investment

InvestChile

InvestChile

We are the government agency responsible for promoting Chile in the global market as a destination for FDI.

Previous Post

Rio2 announces start of construction of Fenix Gold in Atacama

Next Post

Flixbus remains committed to Chile and expects sales to increase 300%

NEWSLETTER

Subscribe to our newsletter

Receive in your e-mail publications and news about how to guide your investment project in Chile

Subscribe to Our Newsletter

You can also subscribe here to our monthly Investment Review Newsletter

100% Privacy. No Spam.

Related Posts

Visas and foreign citizens

We invite you to obtain a complete guide of residence laws and regulations for investors and foreign workers in Chile.
Learn More